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. fox news confirming president obama and the house speaker did talk on the phone today and traded proposals. advisers to the presidency the two sides are making progress. as with a market, stocks finied well off of flies, but still up solidly. the dow up 79 points, s&p nine, nasdaq 35. all three indexes moving above their 50 day moving averages for the first time in three months. volume picking up on the big board. three and a half billion shares traded. technology, the principal driver in the market. microsoft up on news it is upn production of its surface table, service tablet to better compete with appe, on a bullish report from merrill lynch about the growth of the smart phone and ipad markets. aig stock up on news the government sold the remaining common shares it holds. the sale means taxpayers realize the profit of $22 billion on the iginal bailout of 1,802,000,000,000. prices in the bond market down, pushing the yield on the treasury ten year to 165%. crude oil up. the price of a barrel of oil still under $86. the federal reserve and its today meeting on monetary policy an
management >>. >> heather: time for the top of the news, president obama met with john boehner to discuss efforts to resolve the fiscal cliff. they emphasize the lines of communication remain open. >> gregg: new fallout for the australian radio station behind that royal prank a call. they tricked a nurse into thinking they were the queen and king of england. now the radio station is ordering a review of the station's policies. a lot more in the next hour. >>> venezuelan president hugo chavez announced that his cancer has returned. he is traveling back to cuba and he is announcing that vice president should take his place as successor. arthel nevil is following this. >> reporter: those treatments include what president chavez called a new surgical intervention, speaking to a national audience from the national palace he gave details about tests that indicated some malignant cells returned to the same areas where previous tumors had been removed. in his first reference to any possibility that if his health were to further deteriorate, he says his successor, the vice president would take ove
it working again. u.s. officials confirmed that syrian forces have confirmed scuffles. that is the news. >>> welcome back to "hardball." there was a hint of movement on the fiscal cliff deal between president obama and speaker boehner yesterday. here's where things stand for now. the white house sent over a proposal that lowered the revenue target for the president obama from $1.6 trillion to $1.6 trillion. he also increased spending cuts to $600 billion. so you have three things he's moving on there. speaker boehner was not impressed sending over his original offer of $800 billion in revenue. by the way that was the number last summer, summer of '11. acknowledged there's a long way to go. let's listen to him. >> i remain the most optimistic person in this town, but we've got some serious differences. the president and i had a pretty frank conversation about just how far apart we are. >> and in an interview with barbara walters, the president held firm and said time is running out. >> taxes are going to go up one way or the other. and i think the key is to make sure that taxes go up on
connell has stopped being a real conservative and is being a guy that wants to bring down obama. anyway, the new nbc poll shows democratic party approval higher than republican. approval of the democrats 44%. of republicans 30%. it shows that 59% that president obama has a mandate to eliminate tax cuts for the rich. how do you look at that, chip? that's solid that 59%. how can the republicans on the hill deny it? >> well, we lost a major -- we lost a national election, obviously. we didn't gain control of the senate. we did get control of the house. president obama is the guy that beat us. and so they're riding high right now. and they have framed this issue about tax increases on the rich. and as i jokingly say when you polled 98% of the people they always agree tax the other guys. and when we -- >> i know. don't tax me. tax the guy behind the tree. let me ask you a question. you're a great guest. would mike huckabee had won this general election if he was the nominee? >> i'm biased, but i think he would have had an opportunity to win and beat obama for one simple reason. he's a conser
cliff. a new glimmer of hope that maybe a deal is in the works. president obama and speaker john boehner are meeting one-on-one trying to hash out a fiscal cliff deal before the end of the year. clearly that's the deadline. no other leaders in the room though. just the two of them. there are sources that confirm that staff members on both sides resumed talking on thursday as well. will those talks go anywhere? mr. baer is a managing director of the harbor group and he's with us this morning. thank you for being with with us. >> good morning. >> i'm trying to decide if this meeting is a good idea for a bad idea. on the good side f you move all the noise and the debate and the extra people in the room and bring the two main people to sit down and hash it out, that could be a good thing. >> it is a good sign. that's how this deal is going to be done e. that's how it was done last s summer how we avoided government shutdown last spring. there's a lot of staff work that has to be done. what's speaker boehner's position and can he bring along enough members to pass a big deal. >> that kind of
the white house a counterproposal in response to a new plan president obama offered up privately yesterday. a boehner aide said the g.o.p. is waiting for the president to identify spending cuts, a point the speaker made on the house floor earlier today while white house press secretary jay carney called on republicans to get serious about revenue. >> where are the president's spending cuts? the longer the white house slow-walks this process, the closer our economy gets to the fiscal cliff. now, if the president doesn't agree with our approach, he's got an obligation to put forward a plan that can pass both chambers of the congress. because right now the american people have to be scratching their heads and wondering when is the president going to get serious? >> on that question of whether or not we have put forward specific spending cuts, the answer is is we have. not only that, we signed law a trillion dollars in specific spending cuts. so if you combine what is signed into law with what we proposed versus the total absence of any specificity from the republicans for a single dollar in r
. >> the recession meant that there was less money coming in and even more. >> bill: new stats say president obama has borrowed more money than all the other presidents combined. there is no relief in sight. charles krauthammer will tell us where the all money is going. also tonight a mother in louisiana puts a nude picture of her teenage daughter on facebook. is it legal on the case? caution, you where to enter the no spin zone. the factor begins right now. >> bill: hi, i'm bill o'reilly, thanks for watching us tonight. america and personal responsibility. that is the subject of this evening's talking points memo. immediately after belcher killed his girlfriend and shot himself excuses started. trotted out by a variety of pundits. here is the fact. belcher is solely responsible for the horrendous crime which orphaned his baby daughter. he did it he knew right from wrong, he he chose, he chose to inflict lethal damage. there is no question that belcher was mentally imbalanced you don't do what he did when you are in control of yourself. to blame society or guns or football is grossly irresponsible
for the new secretary of state. with u.n. ambassador susan rice still considered president obama's first choice, mccain's new assignment could result in an intense showdown. that is an understatement. >> his new favorite role is taking on susan rice, and i think -- >> that's all he has been doing is taking on susan rice. >> he is on to this one. it's going to be a great test for the president. it's clear the president wants to nominate her. it's clear he has not made that decision final. if he does, there's going to be a heck of a fight. it's going to put republicans in a box. they're going to have to make some decisions. at least lindsey graham and john mccain seem to be of one mind on this. >> going back to john mccain, though, this is a case of senatorial stalking. he was -- he had to give up the chairmanship of the armed services committee. he was term limited out in terms of the republican roles, so he went looking for another place where he could kind of do the same thing. >> he has found a corner of his own, but i think what is ironic here, mark, is that the republicans have ralli
. >> congratulations. >> president obama has been president for 1,421 days. it means they have hired 95 new employees per day, every day of his presidency. >> transferred from the private sector to the public sector. that is net for the economy. they have to be paid. they are paid well. large mentions. so that exacerbates the problem with the deficit. >> era of big government is over. >> that famous declaration came toward the end of the first term where president clinton slashed the federal workforce by 14%. executive branch and created the department of homeland security and nearly 80,000 workers for a jump of 4.2%. despite the 7% increase over president obama's first term, the white house said he is committed to a leaner federal government in his second. but press secretary jay carney could only point to one fairly limited initiative to accomplish that. >> the president has put forward proposal to streamline and reorganize the variety of agencies that deal with commerce in the federal government. exports. >> the obama era in terms of the government hiring proved less kind to the states. from janua
. >> the obama administration is moving closer to recognizing the new syrian opposition council as the sole legitimate representative of the syrian people. it is the latest step in diplomacy that officials hope will end syrian president bashar al-assad regime. it will pave the way for those looking to oust bashar al-assad. secretary of state clinton had been due to attend the meeting had to cancel her trip due to illness. her deputy william burns will leave the u.s. delegation. an international study done every four years say asian students lead the way while u.s. students still do better globally. fourth graders have to improve their scores in reading and math, but progress seems to fall off by eighth grade where math and science scores are stagnant. a new law took effect in colorado. there were no crowds and little fanfare as the state became the second to legalize marijuana. a handful of activists led up on the capitol steps, and the governor shared his approval in an announcement on twitter and in an e-mail. those of the latest headlines on c-span radio. >> punch me, strength and me. ta
distressing news, showing that president obama far outperformed mitt romney in managing to target using their single expenditures of the campaign, tv advertising. the story goes on to look at the strategies of the campaign and where they were effective and where they were not. from "the washington times," a drone is deployed to spy on a farmer. host: our question for you this morning is what you think about tax deductions. what would you be willing to give up? keith, minn., good morning. caller: you are asking what people could afford to give up. i think that a lot of people cannot afford to give up anything, they are constantly being taken advantage of, having their money stolen from them. everyone is allowed to basically take advantage of the public and we have no representation. a lot of people are just struggling to hold on, rather than continuing with everyone asking them, telling them they have to sacrifice. we have nothing left to sacrifice. we have given up everything, savings, everything. corporations, car dealerships, everyone is allowed to steal your money and there is no one
that president obama and the white house or rather, president obama and the house speaker have spoken tonight. good news. this after they each fired another shot in the ongoing fight over how to resolve this fiscal cliff mess. cnn is now getting details about two new offers that were made and previously undisclosed, too. they kept a pretty tight lid on them. one of them by president obama, that was yesterday, then a counteroffer by the speaker. that was today. all of this as the president tells abc news tonight that he is confident that republicans will not hold middle class tax cuts hostage. so there's a lot of news that's all of a sudden coming out. after some relative quiet. our white house correspondent dan lothian is on the case and joins me now by telephone, because you've been working your sources. take me into the conversation. all of this breaking late today and it sounds good. it sounds at least like there's some movement, dan. >> reporter: that's right. that's always been the issue, because as you know, it was just last week we were talking about the fact that there were no talks o
new bill o' poll question for you. do you believe president obama and the republics will reach budget deal before automatic tax increases are triggered? do you believe that will happen? yes or no. next the factor at this point of the day. a nice christmas gift that will cost you nothing. nothing. the tip 60 seconds away. of equally impressive instructions ? shouldn't something that's truly advanced, not need much explanation at all ? with the nokia lumia 822 on verizon, there's not much to learn because it's powered by windows... to let you do more than you ever imagined on your smartphone. exclusively with data sense-- a feature that makes the most of your plan. only on verizon. [ male announcer ] how could switchgrass in argentina, . request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> the factor tip of the day. in a moment, a great christmas gift that costs nothing. just a few more days until we have to stop. if you buy any of my three best sellers, i can sign them for
. >> today's news, speaker boehner and president obama will be the only two at the table to make a deal. i'll ask congressman emanuel cleaver if boehner can get it done. >>> 33 months of private sector job growth. now is the time to start spending on jobs. david cay johnston is here. >>> senator mitch mcconnell's self-fill buster is more than just an embarrassing blunder. senator bernie sanders of vermont explains why. >>> the right to work power grab in michigan has ignited a firestorm with workers. we'll have the latest on governor rick snyder's race to the bottom. >>> and breaking news from the supreme court. there will be a decision on the constitutionality of same-sex marriage. constitutional law professor jonathan turley has all the details. good to have you with us tonight, folks. thanks for watching. john boehner isn't having a lot of fun this holiday season. president obama continues his pressure campaign to pass the middle class tax cuts. the president is also taking time to be festive this holiday season. meantime, john boehner doesn't sound so merry. >> well, this isn't a progr
. life gives a few gifts. on the 21st of november, you have this incredible story in the new york times about how barack obama has established this global confidence and trust, mohamed morsi has the mind of an engineer, of course the next day he assumes dictatorial powers by declaring that the timing was -- [laughter] this is the way that the muslim brotherhood operates. anyone who understands this could have seen this coming in long time ago. this is the essence of the problem. if you want to have a democratic process in the middle east, one that represents most of the people, you have to have islamist parties participate in that process. if you want to have a democratic outcome, do have to prevent the islamist parties from participating because the first thing they will do is destroy the democracy. the conclusion is we're not going to have a democratic future in the middle east and the need to start thinking about some alternatives street. -- alternatives. [applause] >> i am not going to ask reuel to do any simple math. we know the answer. it will be fruit. let me tease out a couple o
about -- spectrum of ways you heard about the obama campaign communicating with folks with new technologies. there's a lot of segmentation. one of the reasons i did interviews in all the places i talk about is i speak a neutral spanish. you can't place my spanish geographically for a corky set of reasons allowing them to use me in a multitude of places. there's one place where i did one interview all fall, which was orlando. that has a large spanish language media. it's a puerto rican area, and you don't need someone with my skill set speaking to puerto ricans, but fellow port puerto ricans. that's true in other parts of the country. there's a much more deliberate effort this time to ensure in ads and media outreach, and just people to people outreach that you speak to and through folks through the same subgroup. >> and different issues as well? >> yeah. >> i mean, is information coming in a different way? >> issues, this time, at least in my experience, born out in the national exit polls, the issues latinos cared about this time were the issues, the mainstream, if you will, t
because they will not print it. they will not print anything that is-against obama. never. not ever. you are reading it now from the newspaper. that is what i am trying to tell you. if you read the newspapers, you will not get the news. host: built from louisiana this morning. coming up as part of the series looking into specific policy areas impacted by the so-called fiscal cliff, we will look at unemployment insurance and how it can be altered as the end of the year approaches. american history tv will feature the literary life of albany capital city. here is the mayor talking about the city. [video clip] >> it is the capital of the greatest aid until the country as far as i am concerned. we have a great history people want to know about. it is a great story to tell. every group would enter the world -- 97,000 population -- 98,000. we just about double every day with the number of workers that come in. you have your other businesses and people coming to the city. there are challenges no doubt like every urban city here in new york and across the country. is the attitude about urban edu
for high-income individuals. >> there is big news tonight out of washington where speaker john boehner and obama are talking. this is actually not nothing, not in this town. early last week they really weren't talking, and neither were their staffs. progress on what to do about all those expiring tax cuts and schedule spending cuts and that possible recession congress might create, totally stalled. but now today they are talking, and their staffs are talking, and they're even exchanging paper, real paper. news leaked today that in the last few days, there have been new offers and new counteroffers in the negotiations. but they sound, to be honest, not that different from the old offers. reports that mr. obama has gone from $1.6 trillion in taxes to $1.4 trillion but hasn't budged much on entitlements. mr. boehner really hasn't moved on taxes at all. he is still i'm told at $800 billion, although details on his offer are sparse. earlier today i asked michael steele, john boehner's press secretary for details on the, quote, deal. i was writing quickly and meant to say offer, but i wrote
insurance. >>> the speaker john boehner offers a new plan to cut spending by demanding that president obama come up with john boehner's plan to cut spending. what those cuts are, no one is sure. >> now critics say the speaker is just asking democrats to put specifics into the republican proposal, but i say that's kind of fun. it makes the budget into a giant mad lib. for instance, we agree to cut $10 bazillion from the program that brings ukuleles to the sticky poor. toilet boobs. >> we will play our very own game of mad libs when house democratic whip steny hoyer joins us live just ahead on "now." to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beache
for this excessive spending? even if we did believe that president obama would dedicate new revenue from tax increases to help pay down the deficit -- and i don't believe that -- new revenue extracted from the top two brackets would only fund the government for about a week, a little less than a week. so that's clearly not the answer. when the president says well, we need to ask the wealthy to pay a little more, let's parse that for a second. you're not asking them to do it. if you pass the law, i.r.s. will come after you if you don't. so this is not a pleasant request. this is i.r.s. saying you have to pay more money to the united states government. and the president always likes to say a little more. well, it's not so little if your tax rate now goes up to almost 40%. if you're a small business man and you have got to pay 40% to uncle sam, you're probably not going to be able to grow your business. you might not be able to stay in business. you're certainly not going to be able to hire more people. so that's not little to them. it is little to funding the united states government. what the
it be michigan which used to call itself the worker's paradise union state is now moving towards new anti-union right-to-work legislation and it looks like it's going to pass? but first up, budget talks resume between speaker john boehner and president obama today. with just 25 days to go, let's keep tabs on where we stand. reports of a conservative backlash against speaker boehner simply not true. he has the solid support of his leadership and the rank and file. but there is concern among some in the gop that they are at risk of becoming the party for rich people while president obama and democrats stake their claim on the middle class. and my tax rate flexibility with higher -- here's what the president said earlier today. >> i'm not going to sign any package that somehow prevent prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> we look back republican senator rand paul from the state of kentucky. senator paul, welcome, as always. i w
leave annoying residue. but new pam leaves up to 99% less residue. new pam helps you keep it off. now here he is. >> bill: bill -- big trouble in michigan. give employees the option not to join a union. president obama doesn't like that at all. >> what we shouldn't be doing is your rights to bargain for better wages. we shouldn't do that. these so-called right-to-work laws they don't have anything to do with economics, they have everything to do with politics. [cheers] >> what they are really talking about is giving you the right to work for less money. >> bill: but governor rick snyder says he will sign the right-to-work measure tomorrow. he joins us now from lansing, the state capitol. so what do you say to the president, governor, who says this you are basically trying to bring down wages for working people in michigan? >> that's not true at all. if you look at he made the comment about bargaining for wangs. about bringing down wages. this legislation is about freedom to choose for workers, bill. this isn't about the relationship between employers and unions at all. this is not abo
time. we have to go because we have breaking news right now. spokesman for house speaker john boehner has announced that the house gop has sent a counteroffer on the fiscal cliff deal to president obama. let's go right to rich edson for more on this breaking story. rich? >> aides say this is an exchange of partial proposals to try to get the ball moving a little bit after some type of impasse over the last few days. this is basically an offer that the house republicans say they have just sent to the white house but there are still major difference ares here. this is from a boehner spokesperson saying the longer the white house slow-walks this process the closer our economy gets to the fiscal cliff. there is major business lobbyist out there telling us right now the discussions are focusing on process. how do to it. not necessarily substance. so there are no details on what these offers exactly state. they're not even really getting out on capitol hill right now. so we're still watching it to maintain. again you've got the exchange of partial offers at least coming out of the white hou
million invested in expand the plant this year. >> obama: today, daimler is announcing a new $120 million investment into this plant creating 115 good, new union jobs. building transmissions and turbochargers right here in redford. >> bill: a lot of good news on the job front there. that's redford michigan. the president yesterday. talking about what the supreme court is up to with the courts. and then governor schneider flip-flopped after promising not to sign it. he said he would sign it if the right to work gets to his desk. first, dan with the big headlines of the day. >> other headlines making news on this tuesday. members of congress rack up thousands of frequent flier miles each year traveling between washington and their districts. one congressman from georgia is donating his miles from this year to charity. the hill reports democrat john barrow is giving 79,000 frequent miles which will use the miles to help wounded soldiers and their families travel. he reportedly donated his miles from last year. 68
in the socks of all the small business people. even president obama acknowledges that two-thirds of the new jobs in our economy are created by small businesses and the vast majority of small businesses are organized as flow-through businesses or what we call flow-through business entities, such as partnerships, s-corporations, limited liability companies and sole proprietorships. in other words, these small businesses pay the individual income tax rates, because the vast majority of small businesses are flow-through business entities, the income from these businesses flow -- flows through the business directly on to the -- to the small business owners' individual tax returns. therefore, any increase in individuals' tax rates means those small businesses get hit with a tax increase. this tax increase lands on those small business owners even if they do not take one penny out of their business profits. and they put it all back in to be able to hire more people or to get more inventory or whatever that helps their business along. even if a small business reinvests all of its income to hire mor
that president obama moved the goal post again yesterday. even though the president is asking for 1.4 trillion in new taxes over the decade which is 200 billion less than the initial offer, the republicans are not moving. their counter offer for 800 billion over a decade same as before and republican aids are telling us there is's big gulf between the sides on detailings. republicans don't think that the president is specific enough about the spending cuts he's willing to pass. >> the president doesn't agree with our approach. he's got an obligation to put forward a plan to pass both chambers of congress. right now the american people have to be scratching their head and wondering when the president is going to get serious. >> officials privately expresss would increased optimism about a deal with one senior audiovisor saying that democrats and republicans moved 75 percent of the way toward a deal and in an brew with barbara walters on abc, president obama said he is optmistic that there are enough people of goodwill in washington to recognize the economy and american families will be better o
. as soon as you see john boehner talk for obama it doesn't matter. the market seems to come off of that news. traders have got to look out if there's a joint announcement, chances are they're close to a deal, we will see the market higher. look out for that. dave: let's get off of stocks and deal with oil. we see oil slipping a bit and you see a point at which you might stop and that is $84.50. that is the point we have got to look at coming in next week as the starting point for this drop. phil: we have come down to that range several times over the last few weeks and that is when you had highest level supply out there and you didn't really have much geopolitical risk. we start to come back to that mode so we will scale back to that level before things heat up in the middle east and we have supply crunches due to the cold weather ahead of us. >> next week we have the final fit meeting of the year. the jobs report and everything we have been seeing. phil: we will see the fed continue on the same path of that they may just maturities they are going to look at purchasing. that is
." >>> we begin with president obama getting into a new fight with republicans and it's a fight he may actually lose. this afternoon in detroit, the president blasted a package of anti-union bills. michigan republicans, governor, is ush pushing through his state's legislature. >> what we shouldn't do, i just got to say this, what we shouldn't be doing is trying to take away your rights to bargain for better wages and working conditions. >> even though the cheering went on for nearly half a minute, it looks like those anti-union bills may, in fact, have enough support to pass michigan's legislature, despite union threats of massive demonstrations. cnn's alison kosik is in the capital, lance, watching what's going on. explain what the fight is all about, why it's so intense. >> reporter: well, first of all, here at the michigan state capit capital, it's more about the calm before the storm. those demonstrations of thousands of people descending on the state capitol. police are gearing up for what's coming up tomorrow when the votes are expected to happen. what this is all about is the ri
in a news conference last month obama suggested he might let the top rate rise to levels somewhat lower than a 39.6%. that's the washington post this morning. below that, governors say the fiscal cliff would hurt their states' economies. several governors met at the white house yesterday and with political leaders to say something needs to be done or their economies and on the state level will be heard. -- be hurt. let's go to walter in new jersey, independent caller. good morning. caller: good morning. i don't know what's wrong with these people, because they have to come to some kind of agreement. the gop has to give ground, taxes wouldybody's go up just to save 2%. it just does not cut it. it is a bad move politically and bad for the country. host: polloi in johnsonville, virginia. -- floyd. caller: i was thinking about the fiscal cliff. i don't think that's the problem at. the problem is when we fell off the moral cliff. our president said gay marriage was ok. and america killing so many babies. side,e get back on god's everything else will take care of itself. that's the way it is. a gu
, president obama insists he will raise taxes on wealthy americans. but how much is fair? here now fox news analyst charles krauthammer. let's break this down. fair is a subjective word. anybody is say that is fair. that's not fair. i would say most millionaires in america pay between 20 and 30% for the federal government using the deductions they have and the a the accounts count tants and swiftie and all of that that seems a little low. i think the whole question of what's a fair share is a liberal's question. taxation is not a moral issue. it's an issue of necessity. how much is needed to pay for the roads, the bridges, and to raise the armies? the idea that somehow you decide on what people pay on the basis of what you think is a fair amount that should be taken from them, look, in a real pure world, ideal world a fair share of taxation is zero. the founders when they instituted the republic had zero income tax. they taxed, excised customs. they exercised transactions. they taxed transactions. if for two reasons. to achieve certain economic end like protectionism and secondly, to raise
. are they about to get uglier? that's of in 60 seconds. first let's go to new york for the headlines. >> good to see you. president obama calling egypt's president telling him the deadly violence is unacceptable. cairo has seen huge protests since president morsi gave himself close to absolute powers. clashes outside his palace leaving six people dead and more than 700 injured. morsi called for talks but showed no signs of making. mcafee is back in custody. he is wanted for questioning. he was seek being asylum in guatemala. the doctor said he doesn't seem to have a heart attack and maybe under high stress. >>> hundreds storming the michigan state capital and hours ago they voted to approve right to work legislation. governor rick snyder saying the measure is not anti-union, it's pro worker. joining us is rick cline, and mr. mccormack and byron york. >> a couple things caused the legislator to go ahead and pass it and then the protests. one is the wave of union-limiting legislation and action that's taken place in wisconsin, and indiana pass add right to work act earlier this year. and the ot
and the new fiscal cliff counteroffer to president obama is hinting at billions more. $500 billion over the next ten years! in addition to the stuff they already cut. joining us now it expand this fox news contributor and author of "heros proved," colonel oliver north. he says this could be an unmitigated disaster for national security. as you travel around in the bus on the book tour, this has got to be bothering you more than anything else. this is your legacy. these are the people that you've covered and this is how prepared we are for a future conflict. >> just over the weekend we saw the rescue of an american doctor from colorado in afghanistan by a u.s. navy raid seal team. right? same guys i was with just a few weeks ago out in afghanistan working with afghan troops. what you're about to see in this sequester are cuts that will make those operations impossible. benghazi. people were talking why didn't they react to benghazi? because there was no marine expedition in the area. that will become commonplace with sequester. one more carrier battle group won't be deployed. internatio
. in an hour, president obama speaks to ceo's at the business roundtable, followed by news conferences with house speaker john boehner and minority leader nancy pelosi. >> the supreme court will look at what was passed in 2008 by a majority of six-three, i believe, and they will say that is precedent. indiana had a voter i.d. -- >> they decided on the indiana case, it was constitutional for them to establish id they did not say all of that was subsequently -- >> they talked about indiana. you misrepresented what i said. the supreme court is the law of the land. >> when i hear these accusations that black people voter i.d. loss disproportionately affect minorities -- implies to me that somehow we have something missing in our brain. as -- if white americans can get id to vote and go through all the processes to follow the laws, what are you telling black people? that somehow they are not good enough? that is what bothers me about a lot of the rhetoric coming from democrats and the left. we always have to make -- there has to be a special mass when we deal with minorities because they ar
in the last year in the budget control act because the republicans would like to start with a baseline of new cuts, and the obama people would say they have already given time to raise revenue. host: of the white house proposal on domestic spending -- 1-year deferral of sequestration and a multi-share stimulus package. from twitter, what do you consider domestic spending? is spending and the structure spending or investment in our future? guest: i would call it spending in the short term. in the long term, it creates jobs, and it avoids safety expenses, such as when the bridge collapse in minnesota 3 or four years ago. that is the thing about government programs. if you plan reductions, it seems to be more cost-effective. there is more certainty in the projection of when the budget will shrink, but when it is started, there can be arbitrary cuts in some of that can be wasteful. host: ruby. north carolina. democratic caller. caller: yes, i have a question. unemployment, the extension is set to expire on december 29. what is the likelihood of that been extended? guest: that is a good question.
updated. >> back of the book segment tonight, president obama insists he will raise taxes on wealthy americans. but how much is fair? here now fox news analyst charles krauthammer. let's break this down. fair is a subjective word. anybody is say that is fair. that's not fair. i would say most millionaires in america pay between 20 and 30% for the federal government using the deductions they have and the a the accounts count tants and swiftie and all of that that seems a little low. i think the whole question of what's a fair share is a liberal's question. taxation is not a moral issue. it's an issue of necessity. how much is needed to pay for the roads, the bridges, and to raise the armies? the idea that somehow you decide on what people pay on the basis of what you think is a fair amount that should be taken from them, look, in a real pure world, ideal world a fair share of taxation is zero. the founders when they instituted the republic had zero income tax. they taxed, excised customs. they exercised transactions. they taxed transactions. if for two reasons. to achieve certain econ
culture of new york for a capital city albany on c-span2 and c-span3. next, president obama likes the national christmas tree. after that, the capital -- capitol christmas tree lighting with john boehner. tomorrow, on washington journal, guests discussed the latest on the so-called fiscal cliff negotiations and the week ahead. a politico reporter looks at the lobbyist involvement in those negotiations. and an update on the situation in syria. live at 7:00 a.m. eastern on c- span. >> the supreme court will look at what was passed in 2008 by a majority of 63, i believe and they are going to say that is president. and indiana -- >> we are talking about facts. when they decided the indiana case, it was constitutional for them to establish it. they did not say all the states -- >> correct. they talked about indiana. let me finish peeping >> you are misrepresenting. >> no, i am not. >> i hear these accusations that black people, a voter i.d. lost disproportionately affect minorities. it implies to me that we have something missing in our brains. to me, if white americans can get it to v
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